TimkenSteel Corp. a leader in high-quality specialty steel, manufactured components, and supply chain solutions, will release its 2023 fourth-quarter and full-year financial results on Tuesday, February 27, after the market closes on the New York Stock Exchange. Last month, TimkenSteel announced its intent to change its name to Metallus Inc. Effective February 27, 2024, the company's common stock will trade on the New York Stock Exchange under its new ticker symbol (NYSE: MTUS).

GKN Powder Metallurgy, a global leader in powder metallurgy and innovative, sustainable solutions for a broad range of automotive and industrial applications, has received a Platinum rating from EcoVadis for outstanding sustainability performance. Across all business units and with a total of 27 manufacturing sites worldwide, GKN Powder Metallurgy was recognized with the platinum medal, placing the company in the top 1% of more than 125,000 companies evaluated in the areas of Work a

Generational Capital Markets  Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Watson Metals to Georgia Metals (a portfolio company of CID Capital). The deal closed on February 5, 2024. Headquartered in Manchester, Tennessee, Watson Metals (Watson) is a leading provider of metal roofing, pole barns, and pre-engineered steel buildings in the Southern U.S. Founded in 1997 by Michael Watso

Heritage Capital Group, Inc, an investment banking and financial advisory firm serving middle-market and emerging growth companies in the U.S. and worldwide, is pleased to announce that its client, Cooksey Iron & Metal Co., Inc. ("Cooksey" or the "Company"), has been acquired by Reliance Steel & Aluminum Co ("Reliance"). Founded in 1917, Cooksey is a metals service center that processes and distributes finished steel products such as tubing, bea

Kennametal Inc. today reported results for its fiscal 2024 second quarter ended December 31, 2023, with sales of $495 million, compared to $497 million in the prior year quarter, and earnings per diluted share (EPS) of $0.29, compared with $0.27 in the prior year quarter. Adjusted EPS was $0.30 in the current quarter, whereas EPS was not adjusted in the prior year quarter. "Once again this quarter we generated strong cash from operations, even though sales were at the lower end

Vedanta Aluminum, one of the largest aluminum producers in the world, has achieved the top position in the esteemed S&P Global Corporate Sustainability Assessment (CSA) 2023 ranking for the aluminum industry, confirming its position as the most sustainable producer aluminum in the world, which outperforms global competitors in Environmental, Social and Governance ( ESG) practices. S&P Global CSA is the leading independent assessment of corporate sustainability, providing an

Canada Nickel Company Inc.has completed its previously announced equity investment by Samsung SDI Co., Ltd. ("Samsung SDI") for aggregate gross proceeds of US$18.5 million (see Canada Nickel press release dated January 19, 2024). Samsung SDI has subscribed for 15.6 million common shares of the Company at C$1.57 per share. Samsung SDI now holds 8.7% of the issued and outstanding common shares of the Company. About Samsung SDI Samsung SDI is a manu

On 31 January 2023, Birdon America Inc. acquired Metal Shark Boats' 32-acre shipyard in Bayou La Batre, Alabama. This acquisition brings a fully developed shipyard into Birdon's growing portfolio of facilities throughout the US and will allow us to provide a further range of shipbuilding and repair services. The acquisition of this shipyard will ensure the successful delivery of the Waterways Commerce Cutter (WCC) Program, a vital component of Birdon's $1.187 billion con

United States Steel Corporation today published a video in which President and Chief Executive Officer, David B. Burritt and Senior Vice President and Chief Financial Officer, Jessica T. Graziano, review the Company’s fourth quarter and full-year 2023 earnings results, provide earnings guidance for the first quarter 2024 and discuss the previously announced acquisition of U. S. Steel. The video is being posted to the Company's Investor Relations website and is available here.

Sierra Metals Inc. reports fourth quarter and full year 2023 production results from its two underground mines in Latin America: The Yauricocha polymetallic mine in Peru and the copper-producing Bolivar mine in Mexico. Ernesto Balarezo, CEO of Sierra Metals, commented, “2023 was a pivotal turnaround year for the Company as we successfully fulfilled our commitment of achieving stability and maintained focus on optimizing all facets of the business, particularly in the productio